Auction Action, AM Style
Fifty-three AM applicants, vintage January 2004 (and four more from 2007), have just been identified as possible participants in a “closed” auction announced by the Federal Communications Commission. The auction, featuring 22 AM construction permits, is set to begin on May 6, 2014. The permits are for service areas from Oregon down to Florida. Opening bids range from as little as $1,000 (for, e.g., beautiful Lovelock, Nevada) up to $25,000 (for Culver City, California).
(Nov 21)